205
205
Oct 31, 2012
10/12
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nasdaq a little lower, in the aftermath of hurricane sandy. joining us jack bogle, senior chairman and founder of the van guard group. always good to have you. good morning to you. >> good morning to you. >> the mayor said it was important this place opening today. how important would you -- >> wouldn't put it high on my priority list. we have gone four consecutive days without trading, and the sun still came up. we may not have been able to see it, but if the trading is interesting, but doesn't advance the ball anywhere. somebody is buying and somebody is selling, >p and the stock doesn't care who owns it. so if it had gone on a few more days, it wouldn't have bothered me. >> but you know how funds work, the end of the month is a significant pivot point. >> woe don't do much trading, because our businesses haven't overwhelmingly dominated the index funds that don't trade at al all. ist not disabling, not the difference between success and failure, just market noise. >> certainty the market itself is not noise, whether you're talkic infrastruc
nasdaq a little lower, in the aftermath of hurricane sandy. joining us jack bogle, senior chairman and founder of the van guard group. always good to have you. good morning to you. >> good morning to you. >> the mayor said it was important this place opening today. how important would you -- >> wouldn't put it high on my priority list. we have gone four consecutive days without trading, and the sun still came up. we may not have been able to see it, but if the trading is...
121
121
Nov 5, 2012
11/12
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CNBC
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. >> recovery from sandy continues. manhattan gets power back and most subway service is restored although millions in the region have no power or heat with tens of thousands this morning homeless. >> we'll begin with a big week for the market. first up tomorrow's presidential election in this country. polls show the race between barack obama and gop challenger mitt romney to be a dead heat. on wednesday the greek parliament is due to vote on a package of austerity measures and then china's congress convenes for once in a decade leadership change. that's not evening mentioning ecb. there's been some that have said this is potentially the highest concentration of risk of the entire year. >> i heard this. it's embarrassing to hear. what's happened the whole time is there are managements that have made money during this period and managements that have failed and models that have made money and models that have failed. i spent a lot of time this weekend going over the last five years of stocks. what i find is that you have
. >> recovery from sandy continues. manhattan gets power back and most subway service is restored although millions in the region have no power or heat with tens of thousands this morning homeless. >> we'll begin with a big week for the market. first up tomorrow's presidential election in this country. polls show the race between barack obama and gop challenger mitt romney to be a dead heat. on wednesday the greek parliament is due to vote on a package of austerity measures and then...
187
187
Jul 25, 2012
07/12
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CNBC
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eye 187
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sandy suggested that it was time to now separate the banks. go through it all over again. >> the banking system is really very, very important. i think that the problem that was created was created by too much concentration in investments in the banking system. way too much leverage. very little transparency with lots of off balance sheet things that didn't really count. i think a lot of those things have to change. >> so, the question, should the investment banks be split from the commercial banks? jeff, just before we get into that, let's put this into context. this is a guy who drove banking. call it what you like. he changed the profile. >> there were a lot of people involved. certainly when he was at citigroup, he is the poster child to speak of the move to get rid of it. certainly the perception is he was one of the big people behind it and he was. >> what do you think of the call now? would it help to split investment from commercial banks? what would be the aim? >> i agree with a number of things that he said. the problems we had reall
sandy suggested that it was time to now separate the banks. go through it all over again. >> the banking system is really very, very important. i think that the problem that was created was created by too much concentration in investments in the banking system. way too much leverage. very little transparency with lots of off balance sheet things that didn't really count. i think a lot of those things have to change. >> so, the question, should the investment banks be split from the...
174
174
Dec 19, 2012
12/12
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CNBC
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eye 174
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impact of hurricane sandy at 11 cents a share for the quarter. revenues above forecast and largely short of estimates. its full year forecast comes in the current range of street estimates. the core express business, guys, their words, persistence weakness, down 33%. >> fedex ground fraet -- this is another one of these bad news/good news stories. if you read the headline, you say this is horrendous. but if you think the world's coming back, i mean, they talk about asia not being good. but wait a second, if asia comes back, look at the chinese market. if it comes back, maybe this is the play, and oil is stable. i find that many stories that look bad in a world that was declining suddenly are good. >> the other thing to keep in mind is they outline the sandy impact is 11 cents per quarter. if you back that out, it's still tops of the forecast they gave back in september. internally it was a beat, if you take out the impact of sandy. so that also can be construed as good news, or maybe not as bad as the headline number might appear at least. >> ver
impact of hurricane sandy at 11 cents a share for the quarter. revenues above forecast and largely short of estimates. its full year forecast comes in the current range of street estimates. the core express business, guys, their words, persistence weakness, down 33%. >> fedex ground fraet -- this is another one of these bad news/good news stories. if you read the headline, you say this is horrendous. but if you think the world's coming back, i mean, they talk about asia not being good....
286
286
Dec 10, 2012
12/12
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CNBC
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eye 286
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i'm worried about the sandy. you've got to keep interest in the end. insurance companies, got to keep capital free. >> i wanted to mention, we mentioned this on friday, the chinese have been aggressive, setting records in terms of merger and acquisition volume. we talked about this on friday, take a look across the borders from china, that helps the story. that $15 billion deal did get approved from the canadian government. they do own some assets in the gulf of mexico. although that is not expected to be problematic at this point. but take a look at what happened in the stocks on friday. that, after we received word there would be a statement from the canadian prime minister. that freaked a lot of risk arms out. did not have a lot of conviction here. thinking, why is it going to come out with a statement if they're approving the deal. you come out and say something if you weren't. but they did come out with a statement and indicated perhaps we won't see any more of these large deals. comp stock is up, as you might expect. >> you heard this deal will b
i'm worried about the sandy. you've got to keep interest in the end. insurance companies, got to keep capital free. >> i wanted to mention, we mentioned this on friday, the chinese have been aggressive, setting records in terms of merger and acquisition volume. we talked about this on friday, take a look across the borders from china, that helps the story. that $15 billion deal did get approved from the canadian government. they do own some assets in the gulf of mexico. although that is...
222
222
Jul 23, 2012
07/12
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CNBC
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eye 222
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sandy cutler is the ceo. i think he'll trace out exactly how well cooper is doing. >> see you tonight, jim. >> thank you. >> 6:00 and 11:00 eastern time. when we come back, mcdonald's after the earnings with all the challenges facing the fast food giant. can you count on the new ceo to boost shareholder value? "squawk on the street" is coming right back. ♪ [ male announcer ] this is our beach. ♪ this is our pool. ♪ our fireworks. ♪ and our slip and slide. you have your idea of summer fun, and we have ours. now during the summer event get an exceptionally engineered mercedes-benz for an exceptional price. but hurry, this offer ends july 31st. tdd# 1-800-345-2550 we're hitting new highs. tdd# 1-800-345-2550 the spx is on my radar. tdd# 1-800-345-2550 and i'm on top of it all with charles schwab. tdd# 1-800-345-2550 tdd# 1-800-345-2550 i use streetsmart edge and its tools like... tdd# 1-800-345-2550 screener plus. tdd# 1-800-345-2550 i can custom build my own screens tdd# 1-800-345-2550 or use predefined
sandy cutler is the ceo. i think he'll trace out exactly how well cooper is doing. >> see you tonight, jim. >> thank you. >> 6:00 and 11:00 eastern time. when we come back, mcdonald's after the earnings with all the challenges facing the fast food giant. can you count on the new ceo to boost shareholder value? "squawk on the street" is coming right back. ♪ [ male announcer ] this is our beach. ♪ this is our pool. ♪ our fireworks. ♪ and our slip and slide. you...